New York Mortgage Trust 2009 Second Quarter Conference Call Scheduled for Wednesday...

New York Mortgage Trust 2009 Second Quarter Conference Call Scheduled for
Wednesday August 5, 2009

NEW YORK, July 30 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc.
(Nasdaq Capital Market: NYMT) is scheduled to report financial results for the
three and six months ended June 30, 2009 after the close of market on August
4, 2009. New York Mortgage Trust's executive management will host a
conference call and audio webcast at 9:00 a.m., Eastern Time, on Wednesday,
August 5, 2009. The conference call dial-in number is 480-629-9770.

A live audio webcast of the conference call can be accessed via the Internet,
on a listen-only basis, at www.earnings.com or at the Investor Relations
section of the Company's website at www.nymtrust.com. Please allow extra time,
prior to the call, to visit the site and download the necessary software to
listen to the Internet broadcast.

A replay of the conference call will be available by calling 303-590-3030.
The passcode number is 4131353. The replay will be available until Wednesday,
August 12, 2009.

About New York Mortgage Trust
New York Mortgage Trust, Inc. is a self-advised real estate investment trust
(REIT) in the business of investing in and managing a combined portfolio of
Agency mortgage-backed securities, prime credit quality residential adjustable
rate mortgage loans, non-agency mortgage-backed securities and certain other
alternative financial assets. As a REIT, the Company is not subject to federal
income tax, provided that it distributes at least 90% of its REIT income to
stockholders.

Certain statements contained in this press release may be deemed to be
forward-looking statements that predict or describe future events or trends.
The matters described in these forward-looking statements are subject to known
and unknown risks, uncertainties and other unpredictable factors, many of
which are beyond the Company's control. The Company faces many risks that
could cause its actual performance to differ materially from the results
predicted by its forward-looking statements, including, without limitation, a
rise in interest rates or a unfavorable change in prepayment rates may cause a
decline in the market value of the Company's assets, borrowings to finance the
purchase of assets may not be available on favorable terms, the Company may
not be able to maintain its qualification as a REIT for federal tax purposes,
the Company may be exposed to the risks associated with investing in mortgage
loans, including changes in loan delinquencies, and the Company's hedging
strategies may not be effective. The reports that the Company files with the
Securities and Exchange Commission contain a fuller description of these and
many other risks to which the Company is subject. Because of those risks, the
Company's actual results, performance or achievements may differ materially
from the results, performance or achievements contemplated by its forward-
looking statements. The information set forth in this news release represents
management's current expectations and intentions. The Company assumes no
responsibility to issue updates to the forward-looking matters discussed in
this press release.

SOURCE New York Mortgage Trust, Inc.

Steven R. Mumma, CEO, President, CFO, New York Mortgage Trust, Inc.,
+1-212-792-0107, smumma@nymtrust.com; or Joe Calabrese (General),
+1-212-827-3772, or Scott Eckstein (Analysts), +1-212-827-3766, both of
Financial Relations Board